1951-10-18 — Page 9

THE CHINA MAIL, THURSDAY, OCTOBER 18, 1951.

MESSAGERIES MARITIMES American BRITAIN MEETING MORE

Budget COMPETITION FROM CAR

M

**LA MARSEILLAISE”

"LES GLIERES”

"OYONNAX"

Arriving

קן -

Leaving

M

Outward For

20

Boltohama & Kale

.Nov. £

Nov 10

For

"LA MARSEILLAISE" NA

*"MONKAY"

tfomeward

Worries

Washington, Oct. 17.

The stinging, unexpected

rejection of n $6,732,900.

000 Africa & kuzupe

Mundla, Sakgan &

Marseilles

27

N

Nov T

-N

Nov

passengers & freight

N. Africa & Jurope

1 freight for Saigon, Port Said, Tunis, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.

Babject To Change Withon Notice

CIE DES MESSAGERIES MARITIMES P.O. Box 53. Hongkong

Queen's Building (gr. floor) Tel. 266651 13 lines).

M.V. "LA MARSEILLAISE"

will suit for

MANILA, YOKOHAMA and KOBE

J:1

Sunday the 21st of October, at 10 P.M.

Passengers are requested to board the vessel with their Cabin baggage on Sunday the 21st of October between 5 P.M. and 7 P.M. Baggage Room and Hold baggage will be registered at Kowloon godown No. 50 (No. 2 gate, Canton Road Entrance) on Saturday The 20th of October between 9 A.M. and noon and 2 P.M. and 4 P.M. No loggage will be accepted for registration after this time.

CIE DES MESSAGERIES MARITIMES PO Box 53, Hongkong

Queen's Bldg.

Shortage

Tel: 26651 (3 lines)

Of Skilled

tax increase by the

MAKERS ON CONTINENT

London.

The British motor industry goes on show at

House set the Administra- Earls Court for the 36th time. This promises to HỌNGKONG

tion groping today for a be the best and yet the most controversial event solution to a potentially in its history. serious national budget problem.

Leaders'

Why controversial? Because developments overseas and difficulties at home are posing a ques-

Congress on Saturday until the tion Will Britain have to look to her laurels?

plans to adjourn

New Yea were threatened yesterday's

by

Marise develop-

BRIN

Britain re-rate to maintain overseas sales, At the moment, tains a firm grip on the over- The supply of steel is the biggest seus market and will not lightly | worry. The next move is up to the

let it slip. Her sales will eliit Senale which

lead the world next year. There Britain produces 18 millions can say

tons of steel annuelly of whether or not there will be a doubt of that,

1,100,000 tons goes to the motor tax increase Uns year. If doesn't accede to the House re-

But competition is tight-industry. It is not enough. And Gust do w Conference to

It is likely that, next the industry says it needs only year, her designers will have to another 100,000 tons a year to work lr:;' 10

differences. Guit There will be no tax bill. That meet the threat with models make all the difference to pro- Which means that for which will ensure Britain's do-duction. might-dess the tax increase finally approved were made re-

minance for years to come. a mere .8 per cent of the nation-

al output of steel, the

car in- Trosctive--deprive the Treasury ad something take half a billion dollars a month in increased rg-

Venues

The Scoph

ening.

SHARE MARKET

(Our Own Correspondent)

the morning':

Date

Part

In Parl 1314 Oct. 14th Oct. 25th Oct.

PIL

ARRIVALS

Ship

اسبانيه

**TASMANY

“TSIDESAR"

TEGELOKAC" SUMIBA DAK” "STRAAT

MALAKKA" GTITJALENGKA” FATRAAT

MAKASSAR **TJIWANGI

--TJIBESAR”

"TASMAN

"TJIBADAR" "STRAAT

Page

From

Halawan Bell, Penang, Singapore &

Saigon

Japan

Java Poris Macassar & Singapore

ĥ singapore

& Singapore

Japan

Japan

B. Amerien, Africa Marascar, Java Parts

Macassar, Javo Ports

TO

SAILINGS

MALAKKA" --TJTJALENGKA“ "STRAAT

MAKASSAR" "TUWANGI

Manba, Singapore, E

& S. America

Salgon & Djakarta

Japan Ports

Japan Ports

Singapotr

& R Africa

Singapore, Inva Ports & Maenssar Manila, Singapore, 4. Africa & $.

America

* Parts Kingapore Java

Macassar

20th nei

2nd Nov.

15th

Nov.

Business done Exchange this valued

t

on the Stock morning $428,018.50.

Was Noon

and which

quotations transactions:-

18th Oct.

22nd Oct.

2612 Oct..

281h Ort.

GRARES BUYEKS SELLERS SALES

BANKS

3rd Nov.

4th Nov,

HK Bank Mst Anta

INSURANCES

Uztica

1600 1645

129

20th Nov.

760

750

Underwriter 4.70 4.00 1500 HK Fire

140

450

ARRIVALS

DOCKS, ETC,

K. Whart

200

100

PL. Wharf $ 0.85

admit that

Dok

18 1000 @ 171

Provident

raw

Shal Dock Wheelock

361

300 @ 35

Date

5th Nov. "ARENDSKEAK" 2nd week Nov. "KIELDRECIT

Ship

From

Japon

Europr

SAILINGS

A Singapore

TO

HK Hotel

are

HK Land

5.80 8.10 1000 @ 3.80

50% 51%

4th Nov

"ABENDSKENK" 2nd week Nov. “KIELDRECHT“

5011

S'hai Land

2.16

Humphreys

UTILITIES

The fear with which next dustry-the country's greatest week's show оретья is that exporter at £300 million year- buyers-2,000 of them-will acety-is retarded. I models little different drom last

Manufacturers Car manufacturers don't year In advance d 1 meeting of

the industry is also handicapped talk Pirater Commit intend

about the models they

ex-by shortage of other showing at these for this

ther marming.

hibitions they

their materials, brought about partly LAND. ETC. keep www.ations strong

that

show actually by the rearmament programme. would be made secrets

Teens but the feeling in Lon Collectively, the shortages M orcement

will be no interfering with an even flow of don is that there What kind of a day back wome է ը teptable in drastic

changes in the overall production. resign The Hot an the Senate"

or quality of the new

St

ばいい

an duen eff

1F

puzzle wa

!

fill the

praparatreyt was tossed The industry really can't be blamed for this. it has estab- by the Hous balt-hour anti- lished mense popularity over- Adminis.ration cas in the line and quality of me astounded standard production models and. than the groughly. content to avoid the the 203 high cost of re-tooling for the

sake of

producing winners to

The bil nearly 4 Butch

ste uminancijs val, eday rad. va!!! leaders hardis by the outer me which put ter 15% roup

On the winnum sade were 130 Republicans and 64 Democraly

which supported The minority the bill included 122 Democrats. 34 Republics and one indepen- dent. This

was not the

nem

usual

beat winners.

CONTINENTAL THREAT

Jap Cotton Goods For Pakistan

Tokyo, Oct. 27.

11,66 נ1

Tram .......... 18.230 16,75 2200 m 16.30

P. Tram

P

+0) 22 Tram (N) 2034

Star Ferry

108 113

100 10.00

C. Light 40) 99.10 600

C. Light (8) B80

1500 @PRIS

1000 G .

© Light (N° 6.50

2000 Les

1000 @ $30

500 8.70

800 8.73

Electric . 2215 22%

700 OF 231,

на

Electric (2) 21 Telephone

INDUSTRIALS

Cement

Tope

15 1416

13.80 20

14 2000 13%

500 2 20

1715 175% 2208

1600 21%

331 8.30

50 $35 4900 i 4.40 2000 G 48A

There emerges now, however, The export of cotton goods to a threat by European car manu-Pakistan, which ᎥᎦ declining facturers which, coupled

wild because

of the repeated cancellation of contracts, will STORES, ETC.

leading

coalition of Republicans anu production difficulties in Bri- Southern Demburnts which has ain and the expected statie become familiar in recent years. nature of designs for next year, improve gradually, e The Democrats who opposed the presents home producers with cotton trader here said, 1:31 are, m the main, repro weir greatest problem since they sentatives of Northern and big- sought and captured

Mr Makoto Kosungi, Director the world cly districts M Scuthern market after the war.

of the Japan Cotton Traders' Association, ving with the Ad-

who recently ministration-Agociated Press.

British Cars Wiki SLI)] be returned from an inspection trip

Their reputation is they will be good to solve troubles Chough next year, and made cotton export contracts will be

s wen!

Labour In Colonies Grain Prices

London.

The serious shortage which exists in many areas. especially in the African territories, of skilled craftsmen was examined at the Conference of Colonial Labour Department Chiefs.

popular. excellent. whether

Dairy

Watson Sinceres COTTONS

Ewo

44.76

General Agents: HOLLAND EAST ASIA LINE

Manila, Singapore & Europe Jupan via Manila.

MAERSK LINE

•

FAST FORTNIGHTLY SERVICE TO: NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis SAN FRANCISCO, LOS ANGELES and PANAMA,

The question now is to Pasties concerning Russian Ships *PETER MAERSK"

Grain Prices in sufficient quantities, to with established in Pakistan.

Decline

Chicago. Oct 17 Wheat futures closed Tany unchanged to 3 lower and soy beans were 1% to 3 cents inwer

clused

The problems of technical training, apprentice. Prices of grain fatures

as follows ship schemes and trade testing were reviewed.

EXCHANGES

IN NY

Panatha

Find oftend

WHEAT-price per bushel.

The Secretary of State for Spot

! September Lie Colonies (Mr Janes pornday

Griffiths) presided at the closingMarch (1852) AUSSION of Ther Conference, Mar which was attended by 30 off-

20 different Leads from:

terri-

tories.

The need for industrial har- mmy in carrying out plans of New York, Oct 17

TSX @5-1/16cronomic development and as a

Pupland urificant

Autralia pound,

We-dis FATTERS

40-day futures

ww Zealand

Tandl

Sun Afriqu

ipoanda

279-15/4; permanent social

? 32 bd /

3:35 asked

2773

271

2:10

.

factor

CORN

2 451%

2.5-2.50

2.52 -2,02

2.552- 247

Simul

September December March (1963) May

:82

1

1922,

RYE JA July Colonial progress was une of September the underlying themes.

OATS Ways and means

July were dis-

901 Sept rubber ussed. hat only for resolving

New York Bour per 200 119 Industrial disputes when they $12.15 United PresA url but also, more positively. for cuecuraging all methods if consultation

co-opt rallon

and

and employe: Pepper

between worker which can help to produce atmosphere conducive to 10-

Terun fframe1

Dennurk (kranel

Fanerunt

280

.1455 0029-0/1

West German

Deulahsmark

4.20

Hadar guilder:

26.70

Italy - Metai

1200

Nurwis akron

.1405

Pertug tescuchar

.0348

dustrial prace and Resist

good labour rela- establishing

za

Spoln pesoła)

0243

tions.

Sweden tranc

0235

Switzerland ~free

+291

MIDDLE EAST

Egypt (pound Tran tral Imdinar) Turkey Cura

LATIN AMERICA

This called. it was stated. for or organisa- the development tion on the part of both cm- players and workers.

SOCIAL SECURITY

functions

Labou

Department in giving guidance the growing trade union

movement, and the methods be followed, were reviewed.

sack!

Market

Steadier

New York, Oct. 17.

stand the otakn of the ever-

be

threatening American products The organisation will and the resurgence of European established in accordance with makes which, before the war, un agreement reached between competed strongly against both him and Pakistan traders to top Britain and the Statesp

export contract cancellations,

He said that it was also agreed The appearance, for the arst time since the war, of a Ger- that the shipment Of coțion man car at the motor show goods to Pakistan traders will next week spotlights Europe's be suspended if they cancel their recovery Franice, which has inport contracts.

eur

been plugging away at production since the liberation, Mr Kosungi said that about ten 12 million yards of cotton for conies up this year with

contracts have makes and Italy has four. But which these numbers bely the strength cancelled will of the European threat,

Pakistan shortly.

י

France today has 37 makes of

Leave The

Shetlands

Londen, Oct 17. The last 18 Russian ships which have been lying off the Shetland Islands for days sailed today.

severa!

The ships, which included two 10,000-ton "parent" ships and

were an-

16

smaller vessels, been chored in Burro

Firth, a shel-

be shipped

to tered harbour in the 1slands

car in produc.ion and is turning cotton goods will them out at the rate of 400,000 about 200 million yards a year year, equal to Britain's estimated in the future-Reuter.

utal expert for 1951. The Ger-

mans, always brilliant engince: 5. are producing

curs at 300,000

year and the Italians, 100, are pushing their claim hard,

BEING PUSHED OUT

Unfortunately, but true, British dellar sales of cars are falling in and Canada he United States

north of Scotland.

He added that shipment of They were believed to be fcr increase to sheltering and waiting

to fish in favourable weather The North Sea.

Trawlers which greeted them received no response and a Customs officer who tried to board one was prevented by

Cuts

In Use rough seas.

Of Sulphur

Washington, Oct. 17. and the Continen.al manufac-

The Government said that the Germans, further restrictions turers, especially

on sulphur are pushing British

cars out of will be ordered soon, probably by their best European market Nov. 1, Belgium and Switzerland.

Naval observers recalled that Soviet ships appeared in the English Channel last year and this year just before again manoeuvres were planned,

But an Admiralty spokesman old last week-end that there was no connection between the pre- sence of these ships and the alr sea exercises going on off the The Defence Production Ad-coast.-Reuter. The Paris motor show only ministration will order a 10 per The pepper market developed too impressively provided the

undertone although yardstick of

cent cut in the use of sulphur fer u steadier

Continent's business remained quiet. Brokers motor

making sulphuric acid and a cor- industry. British and responding 10 per cent cut in the said sume recent sellers ap American cars

uge

in the of these derivatives peared to believe that they force but with little that 13 manufacture of fertiliser,

rayon. European cellulose, film, chemical soaps for imbued other than Industrial use, paint,

was

the

were

the

exhibited which run us hard.

there to

LONDON TIN MARKET

4

have sold enough for the time new, whereas being at the lower prices. • producers. obviously

with a new approach to car pigments, dyes and textile finish- Indicated design Spot material

London, Oct. 17. " at between $1.04-1.05, Novem- stagnation,

after their wartime ing and sulphonated oils used in Prices of in were steady this

models such Anishing. The ber delivery $1.63 and Decem

supply of morning, Turnover was 185 icns, sulphuric acid for steel, synthetic including 80 cne for còsh." ber delivery $1.81 a pound. In

rubber, and other essential pro- the shipment situation, Decem-

It has been said that some duction

duction will not be cut. News- Prices closed at the end of the ber was indicated at around

of the foreign designs have print will not be affected bui official morning. $1.51 been created for no other reu- all users will be ordered to con- follows:- to the education and training $1.75, December/January

around son than to

and be -diferent, and serve which play such

serve only to increase the im- United Press, pression of good workmanship and taste shown in the tradi- tional lines of the bigger British sofoon -cars.

2.8844

03925 2.81

6975

The

ArgentPhe--official

.0710

Lo

razit cruzeiro)

.0550

Bolivia (boliviano)

Chile-free

0100

Columbla (peso)

4025

Cuba (peso)

1.00

Mexico (penj

1156

Peru-free

.0095

Uruguay (peso)

Ardo

Venezuela (bolivar) ..

ZDOS

responsible

FAR EAST

union movement.

India (rupeo)

2100

Pakistan Grupes)

2030

The Conference

33:0

.1750

Singapore

Hongkong

Judoticala Japan

3040 350 yon to US$ 1. -United Press.

Seeds And Oils

New York, Oct. 17. Prices in the seeds and oils market closed today unchanged with the following exceptions:——— --Linaced Oll, in tank" ents, New York, per lb. 19.1 centa... United Press.

-

Particular attention was given

on

essential

and Jamiary/March part in the development of a $1.50 nominal, all on an ex-dock

basis.--United Press.

Bound and

1

trade

considered also the general problems of so- cial security, In the territories.

to Improvements

existing schemes of workmen's compen- sation were discussed and dim- culties associated with the future development of other social security measures such as old age pension schemes, unemploy- ment insurance and other bene- die were examined.

Czech Oil Experts ***** For Persia

substitutes.

Apot Un, buyers.

Spot Un, wellers

Businemi done at

zession

D9

10271 1.030 102735 Three-months in, buyers 9721% Three-motif Lin, sellers 375 Budness hike "at"

·07734-079 1,02716 United Press.

True but the APPROVAL OF Stement

New York Sugar European models

Futures

New York, Oct. 17. World sugar futures closed today 6 to 9 points lower, with sales totalling 68 contracts.

also are said to have the performance to match their ultra-modern des sign.

AID BILL

Exchange Rates

Asia and the Pacific sira will. be allocated $225,298,072 10

Washington, Oct. 17.

Business was alone in the local

10 pisarja (pur, 100) 13.00

British producers are aware of the threat from across the Chunnel. They are secking to economie ald under a foreign midumcial éxchange. winekut. thin compete more strongly. But of bill approved by the United mag at the following relos

Sterling nake (per (21), an

15.30 present they have no free states Senate Appropriations. U.S. Dokaz (per 31)

HATS Contract No

I closed an-market in Frones, where there Committee last night

Indonesia guidere (per 100) - 1,50. changed to 2 Higher, with sales is a big demand for cars now,

Sam 165le (per 100)

$7.50 totalling 374 contracts.

Ako Bilten Govern Muitary aid allocation for Shinpcr 3 direita)

no inter-irage Akla and the Padilo, amourited (Worldy

6.30 nominal agreement with France, like to 3836467,800; The bill covered 0.10 hid 4.13 pid

Germany and other Continental illary and neonomic aid funds countries. Thus, Bellain says fotalling $7,200,401,302 for the qut in the cold while the French motorfat gap buy with tranci. any day of any nationally astept The Senate Committee added Briush,

Tun Miocation of $100,000,000 topi

Contract No. Jonsdry (1952) March May.

Stapleinber

Vierge, Oct. 17, It was reliably reported today that eight Czech all experte lett. anuary.

Merch

May..

New York, Oct. 17. Copra was quoted today at $107.50 per short tondakad. for: Iran recorily to advise the Coconut oil was quoted at Iranian compony on technical || 155 14-37m ponta a pound raid that long trinesie wild, operat

Unlled Pross,

ing reinenter United Preas,

0.12'x

fiscal year: nding on June 30 JAPANESE BONDS

HOME YRAL.

minal At home, car manufacturers r

have their own problime" in | dilaration of Pri Keeping upon boosted production ·| udfester.

NEXT SAILINGS

M.S. M.S.

In Port

"NICOLINE MAERSK”

Oct. 81

M.S. "SALLY MAERSK”

Nov. 15

ARRIVALS FROM U.S.A.

Oct. 19

Nov, 13

Nov. 30

M.S.

"LEXA MAERSK" M.S. "ANNA MAERSK”

M.S.

"LEISE MAERSK”

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Tel: Nos, 86066-0.

PATTISON ORIENT LINE

LIMITED

*. 5. "LAURE PATTISON”

32-14 Queen's Road C.

Bue From:

In Port

Chinese Agents:

Sails For:

DIRECT to Pusan & Japan, Oct. 20th

Tel: 25348.

OVERSEA CHINESE STEAMSHIP CO., LTD.

48 Bonham Strand W, Tels: 26646, 26127 & 31119

NOTICE TO CONSIGNEES | NOTICE TO CONBIONEES

19/* “KIRSTEN MAERSK”

m/v "AJAX" having erived from Karachi and Bombay. Consignees of Cargo are

Damaged cargo, ex this vessel; will hereby noticed that their goods are

be murveyed by Messrs Goddard & Cat tim being landed and placed

Holt's Whart from risk and expone into the Hongong Douglas at

Kowloon Whart & Godowna Com- | 10-Km, on üptoker 30-038 18,, 1951, pany godowns at Kowloon where and consimees are requested ta delivery may be obtained as soon

have their representatives: present as 'the goods are landed.

during the purvey,

Optional cargo will not be lauded here, unless notice has been given 40 finuts prior, in omel xival, but carried on from port to cort, to

·NOTTENFIELD & AWIRE, Arents,

The anal port of call to which the Hongkong. October 17, 1961

· opikon' orfandu.

No dialms will be admitted after the Goode have Jett Mise ·ClodovinN/ and- all guoda, remaining, undelivera af'er the 340) October, (195)," WIN DE bubject to rent.

All -brokeri, ? chuted, and dominat Goods, ace to be left to the Godowny, weer she will be examineeching.

hyapuri Surveyors Meurs, Odddard

Dougla

Bondeck Wayuhours. Realstallona, poti».

· Leydimi chembe when GORE NA PAY

All patalmas muri ripoti un Vetare

thesis (London), Det":11,

ESSENTIAL

SUPPLIES CERTIFICATES

Forms for

·Supplies Cor

10 CENTS EACH.